The big takeover has been revealed – SQM bidding at $3.52/share (and also at $3.50) for Azure Minerals (AZS), as predicted by the Money of Mine team!
We welcome onto the show Ben Bailey of Harvest Lane, who lives and breathes M&A, to breakdown the fairly unique deal structure, including the elephant in the room, the Gina-clause.
We also dive into the much-anticipated Pilbara Minerals (PLS) quarterly report, which investors were itching to take a look at to get a sense of where this volatile lithium market is going.
All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.
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Timestamps:
(0:00) Intro
(2:55) The Azure takeover!
(4:45) Ben Bailey on what to make of the AZS deal structure
(12:20) Will Gina make a move?
(38:57) The much-anticipated quarterly for Pilbara
(47:23) Why does PLS have such a strong short interest
(52:27) Money of Mine in Sydney!
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